Nasdaq Finally Sends Out FaceBook Trade Confirms... With Two Hour Delay

Tyler Durden's picture

Well, better late than never.

Note: these are not our trades.

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kralizec's picture

Below sea level  in 3...2...1...

Damn PPT!

CPL's picture

HAHAHAHAHAHA!!!

 

Fucking defenses...

CPL's picture

Zig Zag and Hell's Blessing Online.

CPL's picture

Fuck the Algo's are fast...but dumb.

CPL's picture

Well I can confirm the algo's react to sentence structures..

CPL's picture

Time to go build a lanugage engine.  I'm done for the day...should snap back once the verbal nonsense I'm firing out of Twitter stops in a moment.

redpill's picture

Yahoo Finance is now displaying Facebook stock price next to the main indices on the front page.  Because typing in "FB" is just so hard.  Just when you thought you'd seen it all...

Bay of Pigs's picture

I saw that. Yet another sign the Apocalypse is upon us.

SILVERGEDDON's picture

That is The Mark Of The Beast. Apocalypse Now, Bitchez. To all the paper participants - you got Zuckerburg - ed off. Now, GTFO. Silver at $28.00 yesterday is so much more satisfying. Except when it went down with the dingy on my way to the mother ship. Damm, I hate it when that happens. I bought one Face Plant share, wiped my ass with it, and mailed it off to Mark Z with my note expressing dissatisfaction with his new brand of toilet paper. Proof positive that it didn't work.

redpill's picture

Would you rather have a share of Facebook or an ounce of physical silver?  I know my answer.  I think I know yours too =)

jus_lite_reading's picture

It gets better!! Shares of ZYNGA (yeah, that other ponzi stock everyone forgot about worth $10BILLION) has be halted!!

The rats can't flee the ship fast enough!!

If this is not clear evidence of cannibalizion of the entire FARCE called a "stock market" then I don't know what is!!

LMAO!!

GAME OVER!! 

resurger's picture

I have outsmarted Nasdaq and bought the physical Facebook Certificates.

Max Ficher told me do so.

Ahmeexnal's picture

Max Fish-head == Mathman == Jhonny Bravo

GeneMarchbanks's picture

The 'market' is like snail mail now that someone has the Morgue by the testicles.

 

derek_vineyard's picture

2 hours to arb ?  Need some new staff

Stoploss's picture

Had to get all the sell orders out of the way...

 

Then the underwriters had to come in and be the buyer..

xela2200's picture

Not even FaceBook managed to keep the stock market on the green today. The market is in bad shape to be sure. Not even a bounce into next week.

midgetrannyporn's picture

Actually FB is sucking the last of the loose cash out of the other stocks.

BeetleBailey's picture

Who wants to be risk on when the world could end over the weekend xela?

Just ask Graham Summers........

Good Investing!

apberusdisvet's picture

Piss poor market, sucky revenue platform.

Plus a CIA tool

What's not to like?

junkyardjack's picture

I think Bloomberg just reported, European markets expected to open on Monday. US Markets selling off...

Dapper Dan's picture

oh no! 

Facebook Underwriters Said to Support Stock at Near $38 a Share

Facebook Inc. (FB) underwriters purchased the company’s stock to keep it from falling below $38 a share after debuting on the Nasdaq Stock Market, people with knowledge of the matter said.

The bankers supported the stock after Nasdaq OMX Group Inc. (NDAQ)faced difficulties delivering trade execution messages after the initial public offering, said one of the people, who asked not to be identified because the transactions are private.

Jonathan Thaw, a spokesman for Menlo Park, California-based Facebook, declined to comment.

http://www.bloomberg.com/news/2012-05-18/facebook-underwriters-said-to-support-stock-at-near-38-a-share.html

ArrestBobRubin's picture

The bullshit and spin start already. The things a bomb, a media creation. And they'll find every way to try to tell us it's not, it's HOT, it's must-have.

F*CK THAT

bdc63's picture

better never than late, as I always say

navy62802's picture

That's what she said.

max2205's picture

That vol just showed on thr charts. 15 or so million shares. Fuck

barliman's picture

 

Market price ...

... say no more!

(You are, however, allowed to quietly whimper as long as you don't disturb our enjoyment of your deserved suffering.)

barliman

Trimmed Hedge's picture

FB = Most. Amazing. Stock. Ever!!

tocointhephrase's picture

MDB do you have a trimmed hedge?

Not Too Important's picture

Does the carpet match the drapes, or do you have hardwood floors?

TWSceptic's picture

<7% seems to be it. Not great.

JoeStocks's picture

FB market cap of $112.8 bil higher than.. AMZN, BHP, BUD, PEP or TOT

Sym Name Last Market Cap Links AMZN Amazon.Com 215.90 101,962,536     BHP Bhp Billiton Limited 62.93 103,447,560     BUD Anheuser-Busch Inbev Sa 68.23 112,585,648     PEP Pepsico 68.02 109,139,528     TOT Totalfinaelf S.A. 43.95 104,738,520    
jus_lite_reading's picture

If every man woman and child alive now, and all those dead and buried for the past 6000 years signed up for a Farcebook account it would be very hard to justify that sort of market cap based on (diminshing) "earnings"...

Ads on Facrebook don't work, just like a one app wonder company can't sustain a $12 Billion market cap. Plain and simple. Now, who wants to buy up some ad space? 

LMAO!!

GAME OVER

hannah's picture

...so the price at open was going to zero so the nasdaq shut the system down.

blunderdog's picture

SO.

Now that that's out of the way, is FB gonna buy Greece?

Cognitive Dissonance's picture

Greece has other plans.

"Greece No Longer a Nation; Announces Plan to Become Social Network"

http://www.borowitzreport.com/

jus_lite_reading's picture

Breaking news>> Goldman Sucks now the self-declared underwriter of Nation of Greece IPO. Plans to go public next week. Symbol- OUZO. Sees $100 Trillion market cap with 70,000% growth over the next 20 years. This is a hot one. There is no better time to buy than right now! Get in line!<< End of transmission

barliman's picture

 

Meanwhile ...

"Facebook underwriters request Treasury Department and Federal Reserve allow FaceBook to be declared a bank holding company in order to allow access to Fed discount window, ZIRP and Operation Twist."

barliman

jus_lite_reading's picture

Breaking news>> Facebook's underwriters now filing with the United Nations, IMF and WHO for FarceBook to become a sovereign nation. All Wall Street CEOs, board of directors, company insiders and family can apply for immediate citizenship and renounce their US citizenship.<< End of transmission

Wakanda's picture

The nasdaq vacuum tubes have just returned from a parallel reality where FB currently trades at 54.

The veils between the worlds are getting thinner.

barliman's picture

 

"But OMG!!!!

The drapes between the worlds are just fabulous!!!"

barliman

Cognitive Dissonance's picture

Thanks.

I got them on sale at JC Penny.

Boilermaker's picture

If you can't get there on time, get there when you can!

djsmps's picture

And Bob Pisani declares it a huge success because the insiders got their stock at $1.11.